Taiheiyo Cement Co. (OTCMKTS:THYCY – Get Free Report) saw a significant increase in short interest during the month of September. As of September 30th, there was short interest totaling 341 shares, an increase of 113.1% from the September 15th total of 160 shares. Based on an average daily volume of 94 shares, the short-interest ratio is currently 3.6 days.
Taiheiyo Cement Price Performance
THYCY opened at $6.63 on Thursday. Taiheiyo Cement has a fifty-two week low of $5.42 and a fifty-two week high of $7.39. The company’s 50-day moving average is $6.57 and its 200 day moving average is $6.41.
About Taiheiyo Cement
Taiheiyo Cement Corporation is a Japan-based manufacturer of cement and construction materials. The company produces and sells cement, ready-mixed concrete, aggregates and related products used in building, infrastructure and civil engineering projects.
In addition to its core cement operations, Taiheiyo Cement provides construction-material solutions and environmental services, including the recycling and reuse of industrial byproducts and waste materials in cement manufacturing. Its operations and business activities extend beyond Japan to international markets, including the United States and other parts of Asia.
Taiheiyo Cement was established in 1998 through the merger of Chichibu-Onoda Cement and Nihon Cement.
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